1. He imagines he follows the rules but still gets "hauled off to a concentration camp". The shocking amount some people have saved, and why speaking with a financial advisor could help increase your returns and alleviate stress. It's a tough venue to weave into . Berths are 10m, 12m, 14m and 16m: "When I started, the average berth length at Westharbour around 1980 was 9m but now the average is 18m.". The Mainfreight instruction manual is short: Feel the fear but do it anyway. Mainfreight is a pretty big company. Third year in a row Milford has been awarded the Consumer People's Choice for KiwiSaver by Consumer NZ. This is a world where budgets are deemed 'bullshit'. Daughter Sarah Mair is marketing and sales manager and Tony Mair says more than 1000 people are on the company's database, updated about the project's progress. Other Current Directorships: Mainfreight Ltd. provides transportation and logistics solutions. This risk is higher in a company without a history of growth. Normally institutions would own a significant portion of a company this size. "I've always been interested in education. Its the right horses for courseswhere we have things very specific to the way we operate, then we will build it, as per our culture, in the way we do it.. "It's a disgrace, a kind of His visits to our local and overseas operations guide our teams to be sales-focused and always aiming for operational excellence. He was also involved in maritime projects in Singapore, Malaysia and Borneo followed. You can see Mainfreight's historic earnings and revenue below, but keep in mind there's always more to the story. The TimeOut Charitable Trust connects holiday homeowners with the terminally ill and their families, offering them a chance to make lasting memories together. Meal kit company My Food Bag rose 6c or 4.26 per cent to $1.47 after telling the market it will be using social enterprise firm GoGo's carbon footprint tracker app. He is also fast-moving. Subscribe to our free 7am Headlines newsletter. The Clermont-Auvergne-Rhne-Alpes Centre brings together the units located in the Auvergne region, from Bourbonnais to Aurillac via Clermont-Ferrand, with 14 research units and 14 experimental facilities, representing 840 staff (permanent and contractual staff). Fortunately, the pandemic has been kept at bay in New Zealand and the economy hasnt taken a dive, but Drinkwaters decision to retire from Mainfreight prevailed. He was later joined by Neil Graham. Appointment to Board 1978 - With Mainfreight since 1978. He has also been involved in organisations outside Mainfreight, notably TUANZ when it was lobbying for a national fibre network a decade ago, and as the current chair of Duffy Books in Homes. Chia Sisters introduces game-changing drinks packaging taking inspiration from an unexpected sector. As a Government Minister, Richard was responsible for creating SOEs, deregulating telecommunications and broadcasting, reforming ports, airports, railways and aviation. Brothers David and Kerry are also involved in the boating and marine sectors. Every year, Mainfreight funds a calendar. Now with over 8,000 employees and 282 branches in 26 countries, Mainfreight has an extensive presence in the global supply chain. "When Mainfreight was starting out, people had to work late on Thursday nights loading sea freighters. There are no company memos and as little email as they can get away with. Insiders At Mainfreight Have Bought Stock Recently Over the last three months, we've seen significantly more insider buying, than insider selling, at Mainfreight. Since then, we have grown to become a global logistics provider with over 11,387 team members across 26 countries, including . Bruce Plested. Together we believe that for our tamariki "Anything is Possible.". The government must focus on supporting exporters to innovate. To join your company account for BusinessDesk and enjoy full access, Here, he shares the lessons of his career with CIOs everywhere. He is fiercely proud of the Mainfreight culture seeing this as a key reason customers choose Mainfreight over the competition. Current positions of Bruce Plested Holdings of Bruce Plested Bruce Plested : Personal Network 04/04 Small company shows how the power of digital can transform lives. Marina services will run in hollow shafts within the new pontoons, bringing power, fresh water and fibre for communications and security cameras to each berth. It was founded by Bruce Plested in 1978 and headquartered in Auckland, New Zealand with 5,771 employees and over 240 branches across Australia, China, Europe, New Zealand and the United. To celebrate his 70th birthday Plested gave $1000 to everyone who had worked for Mainfreight for a year or more. Formerly Halford Young, Halford is a private logistics company and freight forwarder with operations and networks in Australia and New Zealand, Japan, Germany, throughout Asia and the United States.[6]. payment) for sitting on the Board since 2014. Founder Bruce Plested and Group President Don Braid highlighted this exciting site at the annual general shareholders meeting! A "living wage" is paid, Plested has contributed to the Maori Party, and Mainfreight also sponsors a school in Otara. Small company shows how the power of digital can transform lives. Mainfreight, formed in 1978, has 240 branches. Reporting directly to the CEOfirst to founder Bruce Plested, and then to Don Braidhe has been involved in every milestone of a business that has largely grown through acquisition. Mair is the youngest of three. All subscriptions auto renew but are easy to cancel. We have to make decisions based on five or ten years, which means often well pay for more now, before we need it, but knowing that we will need it, he says. Show more. Check out our latest analysis for Mainfreight. Mainfreight has a policy of developing people and promoting them internally. Nearly a third of the trading value was in Mainfreight, which fell $1.80 or 2.33 per cent to $75.30. The government must focus on supporting exporters to innovate. Mainfreight Limited was founded in 1978 by chairman Bruce Plested. Our data reflects individual insiders, capturing board members at the very least. Reminder, this is a Premium article and requires a subscription to read. Its the end of the road at Mainfreight for CIO Kevin Drinkwater, who officially retires on 31 December 2020. Mainfreight Limited began its operations in Auckland, New Zealand in 1978. Waiheke Island marina re-hearing denied, Kennedy Point project to proceed - NZ Herald, Kennedy Point marina construction starting, berths sold from $180k each - NZ Herald, Opponents lose Appeal Court attempt against Waiheke's first commercial marina - NZ Herald. From there, providing you have passion, the Mainfreight . Precinct Properties reported a full-year revaluation gain of $284m including the $148.5m increase recognised at the end of December. This is a world where budgets are deemed 'bullshit'. It's possible your card provider is preventing us from charging the card. Duffs confidence in Mainfreight has led to the charity taking a large stake in the company. Take IDCs ERP Modernization Maturity Assessment to benchmark your organizations progress against your peers. "At the moment, you only need to go 200m off from Oneroa and discharge." During that time the business has expanded its operation into 26 countries and its staff count has grown from 80 to 8,600. Many of us here believe in the same principles, we're here for the long term. [5] When deregulation of land transport occurred in October 1982, Mainfreight quickly took advantage of the opportunities presented and won a large share of the freight market. He imagines he follows the rules but still gets "hauled off to a concentration camp". Mainfreight Americas 21,433 followers 7mo Hey there Dallas, TX! Tony recalls "what we used to call the gut boat", filled with rubbish from boats, discharging near the Rangitoto Island lighthouse. This endeavor launched the first permanent investment into South America. You can click here to see if those insiders have been buying or selling. This information will be used to measure the effectiveness of our advertising from various channels and to offer you personalised ads. In 2001, Mainfreights management decided that technology needed a global role, and Drinkwater became CIO. [2] In 1979, Bruce Plested partnered with Neil Graham, with Graham based in Christchurch and Plested in Auckland. In the meantime, opponent SKP hopes to go to court this month. He is a long-term bull on the stock and I have no issue whatsoever with his move.". Additionally, the company's CEO Donald Braid directly holds 2.8% of the total shares outstanding. He has also personally funded marinas at Tutukaka, pua and rkei. Precinct's portfolio will be valued at $3.3 billion at the end of June. madness, quite extreme. Swallows and Amazons, Arthur Ransomes perennial tale of a summer camping and sailing in the English Lake District, is one book he fondly remembers. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. It's always worth thinking about the different groups who own shares in a company. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. It is very interesting to see that insiders have a meaningful NZ$1.4b stake in this NZ$6.8b business. [8], Headquartered in 's-Heerenberg, The Netherlands, Wim Bosman is privately held and operates more than 1,000 transport units, manage more than 275,000m2 of cross-docking facilities and warehouse area, and employ roughly 1,414 staff within 14 branches located in The Netherlands, Belgium, France, Romania, Poland, and Russia. The index's intraday high was 12,587.68 points. Under the visionary eye of founder and chairperson Bruce Plested, they say, the company's performance has demonstrated "total consistency, total focus". As Chairman and Founder, Bruce shares his vision for the Company with the Mainfreight team, bringing a particular focus to quality and our culture. Other Current Directorships: Information and Communication Services Limited (Chairman), Seronic (NZ) Limited, and his family companies. Greg Hurrell left a journalism career to work around the Middle East for 23 years and returned to New Zealand full-time in 2020. Despite a steady recovery in 2021, the magazine was hit by a recent decline in volumes and rising costs. Or use the information youve already given Google to create your subscription. "It is all about visionary leadership. Concerned about the content? Last period it bought $2.88m worth of them. Local firm Heron Construction has the manufacturing rights for that system here and Mair has been to Sweden to meet the firm's chiefs. Plested said he had given opponents SKP (previously called Save Kennedy Point) around $40,000 to pay for legal fees. Mainfreight Limited (NZE: MFT) is a global transport and logistics business based in New Zealand.. He sets high standards for himself and has created a family atmosphere where people want to prove their worth to him. In 2006 when we created our new data centre, I was concerned there wasnt enough room in that footprintits not much bigger than a meeting room. Weve been very innovative to the business, he says. Ideas. Bruce believes people grow when they are given this responsibility. We can see that Mainfreight does have institutional investors; and they hold a good portion of the company's stock. Ryman Healthcare increased 28c or 2.17 per cent to $13.18; Turners Automotive picked up 14c or 3.33 per cent to $4.34; Evolve Education recovered 3c or 3.49 per cent to 89c; NZX was up 5c or 2.44 per cent to $2.10; and NZME gained 2c or 2.74 per cent to 75c. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Plested and Braid are based at unfashionable Otahuhu in South Auckland. 14 July, 2017. The company was founded by Bruce G. Plested in 1978 and is headquartered in Auckland, New Zealand. Bruce is a one-off," Duff said. During his tenure, Drinkwater has witnessed huge changes in technology. Mair estimates a quarter of berths are for sailboats, the rest for motorboats. Read Less Key Principal: Bruce George PLESTED See more contacts Industry: Warehousing and Storage , Freight Transportation Arrangement , Transportation and Warehousing , General warehousing and storage , Special warehousing and storage, nec {{ registerForm.errors.get('password') }}, {{ registerForm.errors.get('password_confirmation') }}, {{ plans[index].attributes.old_price | currency }}, Radical change is needed Productivity Commission, New listings drop, house asking prices down 10%, Sustainable drinks company partners with fellow B-Corp Kiwibank to take on the world, Consumer confidence lifts slightly, still 'extremely low', Primary industries bear brunt of cyclone, Treasury says, Deeply researched, twice-edited and fact-checked news, Reporters in Auckland, Hamilton, Tauranga, Wellington, Christchurch and Queenstown, Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers, Access to FundSource - the deepest data on KiwiSaver and managed funds, updated daily, World news from The Economist and Bloomberg. Plested's. As for Mainfreight, he wants to build a 100-year company, and so there's no short-term decisions.. With well-established locations that include China, Hong Kong, Taiwan, Malaysia, Thailand, Vietnam, Singapore, Japan and Korea, the Mainfreight global network continues to expand year over year. I just liked reading and it was regarded as being very important at school, he told BusinessDesk, recalling his most memorable teacher was one who was always reading to students. From our data, we infer that the largest shareholder is Bruce Plested (who also holds the title of Top Key Executive) with 17% of shares outstanding. Mainfreight 5 years 8 months National Sales Manager Apr 2021 - Present2 years 1 month New Zealand Sales Manager Jan 2020 - Apr 20211 year 4 months Auckland, New Zealand Account Manager Apr 2018 -. Our data suggests that Bruce Plested, who is also the company's Top Key Executive, holds the most number of shares at 15%. Shares go up and down.". Today he chairs a group of telecommunication companies. Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources, Musk says Tesla likely to launch full self-drive technology 'this year', Exclusive: JPMorgan employees gripe about Dimon's return-to-office edict, SpaceX rocket explosion illustrates Elon Musk's 'successful failure' formula, Cucinelli posts 33% rise in Q1 sales, confirms 2023 revenue growth forecast, Exclusive-Peter Thiel, Republican megadonor, won't fund candidates in 2024 - sources, Virginia Governor Youngkin 'humbled' by talk of possible presidential run, European Midday Briefing: Mood Brighter After -2-, Tim Cook unveils new Apple store in India, Morgan Stanley's dealmaking CEO Gorman signals more transactions to come, Transcript : Australian Foundation Investment Company Limited - Shareholder/Analyst Call. Mainfreight executive chairman Bruce Plested is the winner of the Deloitte Top 200 Visionary Leader 2014 Award. Mainfreight chair and NBR Lister Bruce Plested has sold $75 million in Mainfreight shares to buy more property in Waiheke. The other thing is to have our own ideas. We note that hedge funds don't have a meaningful investment in Mainfreight. ", Selwyn says Plested has personal qualities that make this management style work. Founded by Bruce Plested who started the company with just NZD$7000.00 and a 1969 Bedford Truck. I do want to say that there is no way wed ever go build our own email. But to understand Mainfreight better, we need to consider many other factors. "We'd find a soft spot and dig eight to 10ft in and find these cannonballs," recalls the engineer, now in his mid-70s. Of the 186 berths, 150 are pre-sold, with deposits taken of around 20 per cent and balances due as the project reaches hallmark stages. That while in theory its possible to scale up and down when using public cloud, in reality the latter almost never happens. Now, SKP is going to the Supreme Court to get the High Court ruling overturned and allow it to go back to the Environment Court. Recent reads includeKleptomania: How Dirty Money is Conquering the World by Tom Burgiss, and Affluenza by Oliver James, a treatise on how consumerism on steroids is making people miserable and unfulfilled. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. [16] In 2020, CaroTrans Chile was re-branded as Mainfreight Chile. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. "It's no use just giving people more money." Plested's early home life was a book-filled one, and his mother would always read to her two sons. Facilities for the wider boating community were, he said, a big plus on Waiheke. A look at the shareholders of Mainfreight Limited (NZSE:MFT) can tell us which group is most powerful. That noted, before packing your bags you can expect to spend your first few years in Australia building your knowledge, skills and understanding of the Mainfreight way. Current positions of Bruce Plested Holdings of Bruce Plested Bruce Plested : Personal Network 04/12 Books are handed out at some 510 participating schools, often with a role model on hand. Reporting directly to the CEOfirst to founder Bruce Plested, and then to Don. Mainfreight Limited is a New Zealand logistics and transport company headquartered in Auckland. It was a Mainfreight Limited is a listedNew Zealand logistics and transport company headquartered in Auckland. He imagines he follows the rules but still gets "hauled off to a concentration camp". [17], "Shareholding Information - Mainfreight Limited", "Mainfreight co-founder Neil Graham dies", "Road transport regulation a controversial measure to protect railways", "Mainfreight announces agreement to acquire Halford International", "Mainfreight breaks into Europe with $227m acquisition", "Mainfreight sues for $18m after shock client loss", "Mainfreight gets $14m payout - drops Euro claim", "The Wim Bosman Group becomes Mainfreight", "Mainfreight sells Pan Orient Project Logistics and its 75% shareholding in LEP (New Zealand and Australia) for over A$83 million", "Mainfreight Limited (Mainfreight) completes sale of Pan Orient Project Logistics", "Target Logistics, Inc. Agrees to be Acquired by Mainfreight Limited", https://en.wikipedia.org/w/index.php?title=Mainfreight&oldid=1136159997, Daily Freight (NZ), Carotrans (Worldwide), Owens (AU/NZ), ChemCouriers (AU/NZ) Mainfreight Europe (EU), This page was last edited on 29 January 2023, at 01:07.